Ensure your organization consistently invests in initiatives that drive growth and ROI through strategic alignment, optimized product delivery, capital planning, and data-driven risk management
– Gartner Magic Quadrant for Strategic Portfolio Management Primer for 2022
SPM provides a holistic view of the organization’s portfolio—product delivery and tech investment—enabling effective decision-making to drive strategic outcomes, manage risks, and optimize resource allocation across multiple projects and initiatives.
Is your organization hemorrhaging money, harming ROI, and exposing itself to needless risk because you’re not able to make strategic, data-driven decisions fast enough? Is it blocked from pursuing continuous improvement and innovation because you’re investing in the wrong things?
Then SPM could be the missing link. Implementing SPM can provide benefits such as:
Prioritize initiatives and allocate resources based on strategic value to achieve long-term goals.
Reduce exposure and product failures through real-time data visibility, transparent reporting, and robust compliance.
Maximize ROI by analyzing needs, eliminating redundancies, and allocating resources to high-priority initiatives.
Enable quick responses to market changes, customer demands, and new opportunities.
Improve coordination and alignment among teams, executives, and stakeholders.
Gain full-portfolio visibility for strategic, data-driven decisions on project selection and execution.
– Gartner, “Predict 2024: Strategic Portfolio Management Leaders
Strategic Portfolio Management helps enterprises put a strategic lens across all projects in their portfolios to drive efficiency and ROI. This allows them to optimize investments, respond quickly to disruptions, and achieve outcomes such as:
Streamline operations, improve labor and capital allocations, and align strategy to execution to get to value quicker, increase revenue, and boost ROI
Improve efficiency, eliminate waste, and lower Total Cost of Ownership (TCO) for SaaS/Cloud operations to control costs and enhance ROI further
Improve visibility into operations to ensure compliance and “future proof the enterprise”
According to Gartner, “Only 16% of organizations were found to be effective at SPM.” (Gartner, Portfolio Management in the Digital Business Survey) And yet, “Organizations that are highly effective at SPM are twice as likely to achieve better business outcomes than those that are not.” (Gartner, “Predict 2024: Strategic Portfolio Management Leaders”)
At Cprime, we understand the nuances and challenges organizations face in achieving successful strategic portfolio management. Our experienced consultants provide solutions that are tailored to fit your unique needs and objectives. Companies we’ve worked with have experienced the following outcomes:
Cprime’s consultants implement and optimize Apptio solutions to enhance SPM. Apptio Targetprocess offers dynamic management of work, resources, and portfolios aligned with enterprise strategy. Its flexible model and integration with IBM Apptio financial management enable comprehensive TCO modeling and investment value management.
Cprime combines expert consultation with ServiceNow implementation to support SPM transformation. ServiceNow unifies operations on an AI-powered cloud platform, bridging strategy and execution. It provides comprehensive visibility to accelerate value creation throughout organizations.
Cprime can support an SPM transformation by combining expert consultation with best-in-class ServiceNow implementation and integration services. Achieve your business goals with confidence by unifying all your operations and aligning them on a single, AI-powered cloud platform. Bridge the gap between strategy and execution, providing comprehensive visibility to accelerate value creation throughout your organization.
Cprime, as expert SAFe consultants, implements and optimizes SAFe to enhance SPM. SAFe’s Strategic Portfolio Management aligns Lean Portfolios with enterprise finance and strategy, enabling effective work prioritization and localized decision-making while maintaining connection to overall strategy.
Our expert team guides organizations of all sizes and industries through strategic portfolio management implementation, leveraging proven methodologies to achieve desired outcomes across various platforms and tools.
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Chevron faced siloed operations and misaligned IT initiatives. They partnered with Cprime to adapt to market volatility and balance current operations with future investments. Learn how Chevron transformed its strategic portfolio management with Cprime’s expertise.
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